Economy

Donald Trump’s Second Term Pulls the Crypto Market

Donald Trump’s Second Term Pulls the Crypto Market

Moments after the 47th President of the United States of America, Donald Trump’s swearing-in ceremony, Bitcoin, the biggest cryptocurrency in the world, surged close to its all-time high. Before now, the cryptocurrency was within the $90,000 range and soon after the swearing-in ceremony, the first lady launched her very own crypto currency, meme coin, which…

Mounting Troubles Forces Stellantis CEO Carlos Tavares Out

Mounting Troubles Forces Stellantis CEO Carlos Tavares Out

Carlos Tavares, the CEO of Stellantis and the owner of Chrysler and Jeep, has announced that he will step down from his role as the carmaker continues to struggle with slumping sales. Stellantis is a multinational car maker that owns brands like Abarth, Alfa Romeo, Chrysler, Dodge, Jeep, Fiat, Lancia, Maserati, Peugeot, and more.  The…

Trump Presidency Brings Stock Market to New Heights

Trump Presidency Brings Stock Market to New Heights

The results of the 2024 Presidential elections came out, and Trump won with a substantial vote share over Democratic candidate Kamala Harris. Since the results, the U.S. stock market has surged and reached all-time high records. Not just U.S. markets but markets around the world also saw a surge. Moreover, after the results, Bitcoin shot…

Rising Housing Costs Problem For Both Parties in the USA

Rising Housing Costs Problem For Both Parties in the USA

Americans have been facing high housing costs for the past few years, 2019, to be precise. However, this multiyear surge in home prices has hit the hardest in the swing states expected to determine the outcome of 2024. This is very odd, considering that swing state voters are generally considered the most important ones for…

$650 Million Crypto Fraud: SEC Cracks Down with Lawsuit

$650 Million Crypto Fraud: SEC Cracks Down with Lawsuit

After reports of another crypto fraud, the US SEC has filed a lawsuit against a crypto company called NovaTech and its co-founder couple. According to the SEC( US Security and Exchange Commission), the founding couple raised over $650 million from around 200,000 investors worldwide, including many Haitian-Americans. The SEC mentioned that the co-founders Cynthia and…